On 21 April, the European Commission adopted a “sustainable finance” package to help improve the flow of money towards sustainable activities across the European Union.
7% of the EU’s shipping fuels need to be green by 2030 for the sector to decarbonise by mid-century, a new study released by environmental NGO Transport & Environment (T&E) shows. The study analyses technical, operational and fuel options that could help cut EU shipping emissions in line with the EU
German container shipping major Hapag-Lloyd reduced its sulphur-oxide emissions by roughly 70 per cent in 2020 compared to 2019, a newly released report shows.
Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.
Viking Line’s passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower.
The Biden administration has committed to working with the International Maritime Organization (IMO) to adopt a goal of achieving zero emissions from international shipping by 2050. The White House said it would aim to adopt ambitious measures that will place the sector on a pathway to achieve this
Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap between technology knowledge and regulatory process.
The Panama Canal has launched its process of decarbonizing its operations, targeting to become carbon neutral by 2030. The waterway is seen as a solid way for shipping companies to cut their environmental footprint being a shorter route for ships. In 2020, the canal authority said it had contributed
Toyota Tsusho Petroleum Private Limited (TTP), a physical bunker supplier and bunker barge operator located in the Port of Singapore, will conduct biofuel trials in Singapore, Japan’s Toyota Tsusho Corporation said.
U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing goals.
Norwegian RoRo shipping company Höegh Autoliners launched today its Aurora Class of vessels as part of its decarbonization efforts. The ships will be zero-carbon ready and designed for 9,100 car equivalent units, making them the world’s largest car carriers. The company has entered into a Memorandum
The Institution of Mechanical Engineers (IMechE), a registered charity in England and Wales, has called on the U.K. Government to support the development of a demonstration ship with retro-fitted sails. Fitting sails to cargo ships and sailing more slowly could reduce greenhouse gas emissions from t
Commodity trading company Trafigura and Braskem, the largest petrochemical company in the Americas, have teamed up on what has been described as the first cargo of carbon offset naphtha. The cargo was shipped last week from Corpus Christi, Texas and will be delivered by Trafigura to Braskem’s facili
The first of three hybrid roll-on/roll-off (RoRo) vessels ordered by Finnish shipping company Finnlines was launched at the Nanjing Jinling shipyard on 26 April 2021.
